Telecom giant Verizon will acquire Yahoo and its web properties, including Flickr and photo blogging site Tumblr, for $4.83 billion. It seemed possible that Yahoo might sell its photo-sharing sites separately, as the company announced in March that it was accepting bids for its web properties. Today's announcement confirms that both Flickr and Tumblr will remain a part of Yahoo as it changes hands to Verizon. Verizon owns AOL and Huffington Post, a point that Yahoo CEO Marissa Mayer spins as a...
Telecom giant Verizon will acquire Yahoo and its web properties, including Flickr and photo blogging site Tumblr, for $4.83 billion. It seemed possible that Yahoo might sell its photo-sharing sites separately, as the company announced in March that it was accepting bids for its web properties. Today's announcement confirms that both Flickr and Tumblr will remain a part of Yahoo as it changes hands to Verizon. Verizon owns AOL and Huffington Post, a point that Yahoo CEO Marissa Mayer spins as a...
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